Middlesex County inventory fell to just 2.8 months supply while closed sales in Morris County surged by nearly 20%. 
Morris County
Single Family Homes for December
Key Metrics 2018 2019 Change
New Listings 269 264 –1.6%
Closed Sales 356 426 + 19.7%
DOM* 63 70 + 11.1%
Median PX $411K $450K + 9.5%
% of PX 97.1% 97.2% + 0.1%
Inventory 1,699 1,367 – 19.5%
Months Supply 4.1 3.1 – 24.4%
*Days on Market
Middlesex County
Single Family Homes for December
Key Metrics 2018 2019 Change
New Listings 348 303 – 12.9%
Closed Sales 488 516 + 5.7%
DOM* 69 63 – 8.7%
Median PX $330K $345K + 4.5%
% PX Rec’d 97.3% 97.9% + 0.6%
Inventory 1,767 1,440 – 18.5%
Month Supply 3.3 2.8 – 15.2%
*Days on Market